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Euro / US Dollar (EUR/USD) : On its long term support of 1.2960 / 1.30

02/16/2012 | 09:14am US/Eastern

The currency fell sharply in recent days especially after the rumors of deferring the Greek plan.

This level may present a buying opportunity for target 1363. A tight protective stop will be placed under 1.2880.

© 2012
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